Just Eat Takeaway returns to profit despite warning of ‘challenging’ consumer backdrop October 19, 2022 Just Eat Takeaway has returned to profitability earlier than expected, although the food delivery platform warned of a “challenging” consumer backdrop in the months to come. The London-based firm said it processed 235m orders in the third quarter of 2022, an 11 per cent dip on the year previously, with bosses pointing to the end [...]
City Moves: Who’s switching jobs in the Square Mile? October 19, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Merkle Customer experience management firm Merkle has posted a new chief operating officer to lead its business across Europe, the Middle East and Africa (EMEA) Christiane Georg, who brings more than 25 years worth of experience to [...]
Hunt has killed off Trussonomics but his next steps vary from bad to worse October 19, 2022 This week, new chancellor Jeremy Hunt delivered a damning eulogy of Trussonomics right in front of its creator.
Simply offering any help for mental health isn’t the same as the right kind of help October 19, 2022 Even with the right funding and as many therapists as the NHS needs, there would still be an underlying lack of clarity with how mental health issues are diagnosed and treated.
Sadiq Khan: Tax “confusion” could hit London’s investment appeal October 19, 2022 SADIQ KHAN has warned that instability at the top of British politics could hit London’s status as a desirable investment destination. Investors are “not sure that the stability and certainty that existed in London will be there going forward,” the Mayor of London told City A.M. yesterday. “Instability is good for no-one,” he added. A [...]
Hunt mini-budget overhaul right for now but investment relief needed, Thatcherites urge October 19, 2022 New chancellor Jeremy Hunt’s decision to junk pretty much all of prime minister Liz Truss’s botched mini-budget has damaged the UK’s tax competitiveness, a new report out today says. Britain has dropped to 33rd out of the 38 nations part of the Organisation for Economic Cooperation and Development (OECD) as a result of Hunt’s tax [...]
Our public services will keep falling apart as long as our economy continues to stagnate October 19, 2022 The major issue in the UK and other European nations is a lack of economic growth. Liz Truss was correct to focus on a tonic for this, even if her plan fell flat.
Small business confidence tumbles on swelling costs and weaker demand October 19, 2022 Intensifying cost pressures and a slowdown in consumer spending as a result of cost of living crunch squeezing Brits has led to a collapse in confidence among small firms, a new survey out today shows. Net confidence plummeted to minus 35.9 in the three months to October, down by 11.2 points over the last quarter, [...]
Cordyceps the One for Maia as he seeks third seasonal salute October 18, 2022 WITH his quiet style of jockeyship, Brazilian-born rider Ruan Maia has never really appealed to the excitable local bettors, especially in the all-action racing theatre of Hong Kong. There is no doubt though, that Maia, who was a two-time Champion Jockey in Macau and has ridden over 600 winners in South America and Asia – [...]
OneWeb and Panasonic to rival Viasat-Inmarsat tie-up with in-flight wifi deal October 18, 2022 British satellite darling OneWeb has teamed up with in-flight entertainment giant Panasonic, in a partnership which could rival the looming Viasat-Inmarsat tie-up. The deal will see Panasonic Avionics, which serves over 70 airlines, sell OneWeb’s in-flight broadband services to commercial airlines worldwide by the second half of next year, cementing aviation as the latest cash [...]
